Pi Network Adds Code Editing to App Studio as PI Price Holds
Pi Network has upgraded its Pi App Studio to include code download and re-upload capabilities, enabling developers to prototype and customize app source code offline and seamlessly re-integrate it. The update also adds search, sorting filters, and management options in the “My Apps” section, raising the project limit from 10 to 100. Originally launched on June 28 as an AI-powered platform, Pi App Studio now streamlines dApp development for both technical and non-technical users, accelerating on-chain deployment and adoption.
On the market front, PI trades around $0.22, down 0.5% on the day but up 10% over the past month. Chart data shows heavy accumulation at a solid $0.21–$0.22 support level, with key resistance at $0.26. A decisive break above $0.26 could trigger a rapid rally toward $0.37, and some analysts even forecast PI reaching $3.14 by end-2025. However, nearly 160 million PI tokens are scheduled to unlock over the next 30 days, which may add selling pressure. In contrast, exchange reserves have fallen by 1.7 million PI in 24 hours, indicating a shift toward self-custody and reduced immediate outflows. Traders should watch token unlock events, exchange reserves, on-chain flows, and price action for short-term volatility and mid-term growth opportunities.
Bullish
The enhanced code download and upload features in Pi App Studio strengthen Pi Network’s development ecosystem, potentially boosting dApp adoption and on-chain utility. On the price side, PI is consolidating near a stable support zone with heavy accumulation and a clear resistance at $0.26. A breakout could trigger a rapid rally toward $0.37, supported by reduced exchange reserves and positive analyst forecasts. While the upcoming 160 million token unlock poses short-term selling pressure, the strong on-chain demand and strategic platform upgrades point to a bullish outlook for traders.